Mining

Menguji Solusi Zonasi dan “Berkontribusi Dorong Efisiensi”

Menguji Solusi Zonasi
Sejak kebijakan DMO diterapkan pada 2010, tingkat penyerapan konsumsi batu bara domestik masih sangat mengecewakan, hanya 18,7%. Itu pun dibarengi dengan peta distribusi yang semrawut dan berbiaya tinggi.
“Berkontribusi Dorong Efisiensi”
JAKARTA — PT Titan Infra Energy sebagai perusahaan infrastruktur, logistik dan produsen batu bara yang beroperasi di Sumatra Selatan juga ikut berkontribusi mendistribusikan bahan baku untuk pembangkit listrik di […]

read more

Indonesian’s Coal Production has to be maintained. Excessive production increase could restrain or event lower the coal prices increase rate.

Jakarta, Kompas – Rising trend of coal price lately has to be balanced with the production.  Excessive production could restrain the price increase rate or even lower the price increase rate.

“ To protec their coal industry, China seems to adopt price regulation policy to maintain coal price around 61-81 US dollar per ton. However, the tendency of coal company to […]

read more

TITAN RECEIVED BLUE RATING FOR PROPER AWARD

Bengkulu – Ministry of Environmental and Forestry (LHK) through its representative in Bengkulu handed over the evaluation result of Government Environmental Performance Rating Program  (PROPER) for period 2015-2016 to 46 companies on Friday (17/3/2017). One of companies who committed to environment, PT. Titan Wijaya, received blue rating for two consecutive year.

The evaluation result was handed over directly by specialized staff […]

read more

Coal Price stay strong until first quarter of 2017

Jakarta. Coal Price remain solid in the middle of the threat from coal production increase in China. The effect production hike is only temporary. In the meantime energy commodity prices indicate positive trend in medium term.

As quoted from Bloomberg, on last Friday (4/11/16), coal prices for December 2016 contract on ICE Futures Europe rose 3.6% compared to previous day to […]

read more

USD67 Million Raised for Mali Gold Project

Confidence about a prospective gold mine in Mali got a significant boost, after the company behind the project raised US$67 million to go toward construction.

As reported by mining.com, AIM-listed Hummingbird Resources (LSE:HUM) placed 103,698,254 shares at 22 pence per share and a subcription offer for another 105 million shares at the same price.

The GBP45.8 million will be plowed into construction […]

read more

List of The World’s Top 10 Gold Producing Mines

Gold output across the globe hit an all-time high in 2015, climbing 1.8 percent to 3,211 tonnes. Much of this growth was led by Mexico, whose output increased double digits (18 percent) from 112 tonnes in 2014 to 133 tonnes last year. Indonesia grew 20 percent, Kazakhstan 29 percent.

This year, global production is expected to level out as project development […]

read more

World of Mining Industry Welcoming The New Player

The Inova Mineral initiative will support, via grants and equity stakes, new projects involving strategic minerals such as niobium, cobalt, lithium, graphite, rare earths and others considered “carriers of the future”, while the government also stated that it wants to promote the consolidation of production chains.

Brazilian companies will be able to submit business plans addressing a wide range of areas […]

read more

Indonesia Expands Energy Capacity

Indonesia’s electricity demand is expected to increase from 206.5 TWh in 2013 to 442.5 TWh in 2022, according to an energy report issued by Transparency Market Research. The report also projected Indonesia’s power generation capacity would double to 90.1 GW by 2022.
Infrastructure build out
The government has set an ambitious goal of adding 35 GW of new installed capacity by 2019, […]

read more

What Went Wrong at Rubicon Minerals?

Even before its meltdown, investors watching Rubicon Minerals Corp. could see some troubling warning signs.

Everything seemed fine on the surface. The company said in April that it was on track for first gold production at its Phoenix project in Northern Ontario in mid-2015. And in June, it did indeed pour its first gold.

Yet at the same time, Toronto-based Rubicon was […]

read more

Vale and BHP to Pay $260m More for Brazilian Dam Burst

The mining giants had already been ordered to pay 250m reais after a dam burst at a mine run by Samarco, a firm they jointly own.

Twelve people remain missing following the incident in southern Brazil that set off a deadly mudslide.

The fine will provide aid to the victims and fund environmental repairs.

The head of Brazil’s environmental agency, Ibama, has described […]

read more